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China's factory activity returns to growth in September

Original: 🚨🇨🇳 CHINA’S FACTORY ACTIVITY RETURNS TO GROWTH China’s official manufacturing PMI rose to 50.1 in September, moving back

China's official manufacturing PMI rose to 50.1 in September, moving back above the 50-point mark that separates expansion from contraction. A private survey pointed the same way, showing manufacturing activity at a five-month high of 52.1. The figures suggest a modest recovery in Chinese factory output after a period of contraction, and analysts are watching whether the improvement can be sustained in the coming months.

Why now: New PMI data showing Chinese manufacturing expanding again after a contractionary period is significant news for the global economy.

ChinaReuters

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Evidence

• 🚨🇨🇳 CHINA’S FACTORY ACTIVITY RETURNS TO GROWTH China’s official manufacturing PMI rose to 50.1 in September, moving back above the 50-point line that separates expansion from contraction. A private survey also showed manufacturing activity at a five-month high of 52.1. Reuters… · princeverma · 2

API: https://socialmediatrends-api.osmike.com/v1/trends/498175